Settings8H · net · $10k
Funding arb · Price arb /

COPPER

RWAall COPPER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.07 per $10,000 · paid last 24h +0.014%
Price spread now: Aevo against SoDEX+0.017%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX COPPER-USD6.82450.0050pay 0.0006% / 1h7m 27s$904$3K20x
ShortAevo COPPER-PERP6.82560.0104get 0.0013% / 1h7m 27s$31210x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against SoDEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$11.34
Price spread: +0.017% → 0.000%
$1.67
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$10.99
Costs to cover
0.240%
Break-even
13.8 days
Slippage unknown: SoDEX: no order-book sample; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Aevo no order-book sample
SoDEX and Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

COPPER on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XCUUSD−0.0404%1h6.8255+0.015%$35K$176K20xas long as short
tradeXYZ xyz:COPPER−0.0050%1h6.8255+0.015%$10.6M$4.9M20xas long as short
BloFin COPPER-USDT−0.0018%4h6.8250+0.007%$88K$135K100xas long as short
QFEX COPPER-USD−0.0003%1h6.8260+0.022%$1.5M$129K20xas long as short
Aster XCUUSDT0.0000%4h6.8296+0.074%$32K$27K50xas long as short
Binance COPPERUSDT0.0000%4h6.8281+0.052%$9.1M$32.9M100xas long as short
OKX XCU-USDT-SWAP0.0000%8h6.8249+0.006%$489K$971K50xas long as short
Gate XCU_USDT0.0000%8h6.8190−0.081%$1.3M$505K100xas long as short
MEXC COPPER_USDT0.0000%4h6.8270+0.037%$26.2M$4.5M100xas long as short
Bitget COPPERUSDT0.0000%4h6.8260+0.022%$2.5M$1.7M100xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni COPPER0.0000%4h6.8252+0.011%$740K$1.4Mas long as short
GRVT COPPER_USDT_Perp0.0000%4h6.8280+0.051%$87K$2.2M25xas long as short
SunX COPPER-USDT0.0000%4h6.8260+0.022%$6.6M20xas long as short
HTX COPPER-USDT0.0000%4h6.8280+0.051%$61K$24K75xas long as short
Phemex COPPERUSDT0.0000%4h6.8150−0.139%$4.2M$78K100xas long as short
gTrade (Gains Network) HG/USDL +0.0002% / S −0.0001%1h6.8285+0.059%$178K250xas long as short
edgeX COPPERUSDC+0.0020%4h6.8251+0.009%$95K$318K20xas long as short
Lighter XCU+0.0032%1h6.8391+0.214%$478K$40K20xas long as short
Extended XCU-USD+0.0032%1h6.8283+0.055%$267K$2.5M20xas long as short
Vest HG-PERP+0.0046%1h6.8279+0.050%$82K25xas long as short
Phoenix COPPER+0.0047%1h6.8278+0.048%$45K$23K20xas long as short
Paradex XCU-USD-PERP+0.0050%8h6.8260+0.022%$2K$2K5xas long as short
SoDEX COPPER-USDlong+0.0050%1h6.8245long leg$904$3K20x
Ondo Perps COPPER-USD.P+0.0050%1h6.8279+0.050%$57K$55K15xas long as short
Pacifica COPPER+0.0100%1h6.8276+0.046%$23K$14K10xas long as short
KuCoin COPPERUSDTM+0.0100%4h6.8280+0.051%$278K$35K50xas long as short
Orderly PERP_COPPER_USDC_mythos+0.0100%8h6.8340+0.139%$3K10xas long as short
Aevo COPPER-PERPshort+0.0104%1h6.8256+0.017%$31210x